JPY
JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests 177.50 barrier near nine-day EMA
EUR/JPY gains ground for the second consecutive day, trading around 177.40 during Asian hours on Friday. Technical analysis of the daily chart shows that the currency cross is moving downward within the descending channel pattern, suggesting a persistent bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below both the […]
by Currency Hedger
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- 1 hour ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Outlook: USD/JPY Near 158 as Rate Differentials and Fiscal Policy Weigh on the Currency
The Japanese yen remains under pressure against the US dollar, trading around ¥158 per dollar and heading towards a fourth consecutive weekly decline in the latest reported market assessment. The wide interest-rate gap between the United States and Japan continues to weigh on the currency, while subdued household spending and concerns over Japan’s public debt […]
by Currency Hedger
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- 1 hour ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen strengthens amid BoJ hike bets, intervention risks; bullish USD cap gains
The USD/JPY pair drifts lower during the Asian session on Thursday, extending the previous day’s pullback from a one-and-a-half-week high, around the 158.50 region. Spot prices, however, remain confined in a familiar range and currently trade near the lower end of the weekly range, around the 157.85-157.80 region, down 0.15% for the day. Data released […]
by Currency Hedger
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- 1 day ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: Clings to gains near 158.50, over one-week top amid firmer USD
The USD/JPY pair touches a one-and-a-half-week high, around mid-158.00s during the Asian session on Wednesday, with bulls shrugging off fears about a potential government intervention to support the Japanese Yen (JPY) and taking cues from resurgent US Dollar (USD) demand. Despite signs of moderating inflation and a cooling labor market, traders are still pricing in […]
by Currency Hedger
- 0 Comments
- 2 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Slips below 178.00 after pulling back from nine-day EMA
EUR/JPY inches lower after posting modest gains in the previous day, trading around 177.90 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross is remaining within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below […]
by Currency Hedger
- 0 Comments
- 2 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Remains Under Pressure as US-Japan Yield Gap Supports the Dollar
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the United States and Japan continues to favour the US dollar. Japan’s relatively low domestic interest rates remain a key source of pressure, while the country’s heavy debt burden and expansionary fiscal direction are adding another […]
by Currency Hedger
- 0 Comments
- 2 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen steadies amid expansionary fiscal plans, rate hike uncertainty
USD/JPY moves little after posting minor gains in the previous day, trading around 157.90 during Asian hours on Tuesday. The currency pair has steadied into a tight trading range following recent developments in Japanese fiscal policy. Japan’s Prime Minister, Sanae Takaichi, is pushing forward with expansionary economic measures despite persistent concerns surrounding the weak Yen […]
by Currency Hedger
- 0 Comments
- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests 177.50 after rebounding from descending channel bottom
EUR/JPY halts its seven-day losing streak, trading around 177.40 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross is remaining close to the lower boundary of the descending channel, suggesting the price holds support and a temporary bounce. However, a break below the channel would signal accelerating downward […]
by Currency Hedger
- 0 Comments
- 3 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Strengthens above 110.00, while bearish technical bias persists
The AUD/JPY cross trades in positive territory near 110.20 during the early European trading hours on Tuesday. Traders await the speech from the Bank of Japan (BoJ) Governor Kazuo Ueda later on Tuesday for more clues on the interest rate outlook. The BoJ could indicate later this month that underlying inflation has reached nearly its […]
by Currency Hedger
- 0 Comments
- 3 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Holds Near 158 as Fiscal Expansion Raises BoJ Policy Questions
The Japanese yen is holding around ¥157.9 per US dollar as markets balance Prime Minister Sanae Takaichi’s expansionary fiscal agenda against renewed concerns over the currency’s weakness and the outlook for Bank of Japan policy. The yen remains under pressure from the wide US-Japan yield differential, while investors assess whether stronger domestic inflation and a […]
by Currency Hedger
- 0 Comments
- 3 days ago